Target Corporation $TGT Stock Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners LLC cut its Target stake by 99.8% in the third quarter, selling 4.11 million shares and retaining 6,587 shares valued at approximately $1.03 million. Institutional investors collectively own 79.73% of Target.
• Target reported stronger-than-expected quarterly results, with earnings per share of $4.11 versus the $2.35 consensus estimate and revenue of $26.54 billion. The company guided fiscal 2026 EPS to $9.90–$10.90.
• Target declared a quarterly dividend of $1.16 per share, equivalent to $4.64 annually and a 3.0% yield. Analysts maintain a consensus “Hold” rating with an average price target of $159.33.

Curated Wealth Partners LLC lowered its stake in Target Corporation (NYSE:TGT - Free Report) by 99.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,587 shares of the retailer's stock after selling 4,108,632 shares during the period. Curated Wealth Partners LLC's holdings in Target were worth $1,032,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TGT. Kimelman & Baird LLC bought a new stake in Target in the second quarter worth $26,000. Richardson Financial Services Inc. purchased a new stake in shares of Target in the second quarter worth $26,000. Archer Investment Corp purchased a new stake in shares of Target in the second quarter worth $30,000. Capital Advisors Ltd. LLC grew its stake in shares of Target by 245.6% in the first quarter. Capital Advisors Ltd. LLC now owns 273 shares of the retailer's stock worth $33,000 after acquiring an additional 194 shares during the last quarter. Finally, Field & Main Bank increased its holdings in shares of Target by 47.5% during the second quarter. Field & Main Bank now owns 295 shares of the retailer's stock valued at $39,000 after acquiring an additional 95 shares in the last quarter. Institutional investors own 79.73% of the company's stock.

Target Stock Performance

TGT stock opened at $156.66 on Friday. The stock has a market capitalization of $71.17 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 2.88 and a beta of 0.98. Target Corporation has a 12-month low of $83.44 and a 12-month high of $170.75. The company has a current ratio of 0.99, a quick ratio of 0.36 and a debt-to-equity ratio of 0.80. The stock's 50 day simple moving average is $157.67 and its 200 day simple moving average is $139.80.

Target (NYSE:TGT - Get Free Report) last issued its earnings results on Wednesday, August 19th. The retailer reported $4.11 EPS for the quarter, beating the consensus estimate of $2.35 by $1.76. The business had revenue of $26.54 billion for the quarter, compared to the consensus estimate of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%. The company's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the business posted $2.05 EPS. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, research analysts forecast that Target Corporation will post 8.89 earnings per share for the current fiscal year.

Target Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 11th will be issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, November 10th. Target's dividend payout ratio is presently 48.18%.

Analyst Ratings Changes

Several research firms have recently issued reports on TGT. Bank of America reaffirmed an "underperform" rating and issued a $124.00 price target (up from $110.00) on shares of Target in a research report on Wednesday, August 12th. Wolfe Research set a $169.00 price target on shares of Target in a research note on Monday, August 3rd. Sanford C. Bernstein reissued a "market perform" rating and set a $154.00 price objective on shares of Target in a research report on Thursday, August 20th. Roth Capital restated a "neutral" rating and set a $142.00 price objective on shares of Target in a research note on Thursday, August 20th. Finally, DA Davidson raised their price objective on shares of Target from $170.00 to $185.00 and gave the company a "buy" rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $159.33.

Insider Buying and Selling at Target

In related news, insider Melissa K. Kremer sold 15,500 shares of Target stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $169.96, for a total value of $2,634,380.00. Following the completion of the sale, the insider directly owned 56,981 shares in the company, valued at approximately $9,684,490.76. This trade represents a 21.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew A. Liegel sold 926 shares of the business's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $163.51, for a total value of $151,410.26. Following the completion of the transaction, the chief accounting officer directly owned 12,266 shares of the company's stock, valued at approximately $2,005,613.66. This trade represents a 7.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.13% of the company's stock.

About Target

Target Corporation is a U.S.-based general merchandise retailer that operates stores and digital shopping channels under the Target brand. The company sells a broad assortment of products, including apparel and accessories, beauty and personal care items, home furnishings, electronics, groceries, toys, seasonal merchandise and everyday essentials.

Target offers private-label brands alongside national brands and provides services such as Order Pickup, Drive Up and same-day delivery through Shipt.

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